Vaarad Ventures Limited

Diversified non-banking financial company investing in various industries and manufacturing electronic weighing scales.

1993 | Mumbai, Maharashtra (India) | Active
Last Updated:

Vaarad Ventures Profile

Key Indicators

  • Authorised Capital ₹ 41.50 Cr
  • Paid Up Capital ₹ 24.99 Cr
  • Company Age 31 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.34 Cr
  • Revenue Growth %
  • Profit Growth 32.07%
  • Ebitda 33.99%
  • Net Worth -0.48%
  • Total Assets -0.02%

About Vaarad Ventures

Vaarad Ventures Limited (VVL) is a Public Limited Indian Non-Government Company incorporated in India on 04 October 1993 and has a history of 31 years and four months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532320.

The Corporate was formerly known as Atco Corporation Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 41.50 Cr and a paid-up capital of Rs 24.99 Cr.

The company has closed loans amounting to ₹3.34 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Vaarad Ventures Limited India is Tanvi Vikram as CFO. Piyush Vora, Nitin Datanwala, Leena Doshi, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vaaradventures.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L65990MH1993PLC074306

  • Company No.

    074306

  • Stock Symbol

    BSE : 532320

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Oct 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Vaarad Ventures?

Executive Team (2)

NameDesignationAppointment DateStatus
Leena Doshi Country flag representing In Managing Director17-Dec-2007Current
Tanvi Vikram Country flag representing In CFO12-Mar-2019Current

Board Members (5)

NameDesignationAppointment DateStatus
Harsh Doshi Country flag representing In Director 16-Mar-2019Current
Piyush Vora Country flag representing In Director 19-Feb-2010Current
Nitin Datanwala Country flag representing In Director 08-Dec-2017Current
Tanvi Vikram Country flag representing In Director and Cfo 11-Oct-2022Current
Sumair Vidha Country flag representing In Director 25-Aug-2020Current

Financial Performance of Vaarad Ventures.

Vaarad Ventures Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 32.07% increase in profit. The company's net worth dipped by a decrease of 0.48%.

Vaarad Ventures revenue growth over time
Vaarad Ventures profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
Revenue from Operations
Total Assets
-0.02%
Profit or Loss
32.07%
Net Worth
-0.48%
EBITDA
33.99%

What is the Ownership and Shareholding Structure of Vaarad Ventures?

In 2022, Vaarad Ventures had a promoter holding of 71.19% and a public holding of 28.81%. The company had 3 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹3.34 Cr

Charges Breakdown by Lending Institutions

  • G. I. I. C. Ltd : 3.20 Cr
  • The Saraswat Co-Op Bank Ltd : 0.14 Cr

Latest Charge Details

DateLenderAmountStatus
10 Dec 1999G. I. I. C. Ltd₹3.20 CrSatisfied
23 Feb 1999The Saraswat Co-Op Bank Ltd₹0.52 MSatisfied
24 May 1998The Saraswat Co-Op Bank Ltd₹0.84 MSatisfied

How Many Employees Work at Vaarad Ventures?

Unlock and access historical data on people associated with Vaarad Ventures, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Vaarad Ventures Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vaarad Ventures, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Vaarad Ventures's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Vaarad Ventures

Recent activity within the organization

  • Annual General Meeting

    Vaarad Ventures Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Vaarad Ventures Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Tanvi Doshi Vikram was appointed as a Director was appointed as a Director on 11 Oct 2022 & has been associated with this company since 2 years 4 months .

  • Director Appointment

    Sumair Farukbhai Vidha was appointed as a Director was appointed as a Director on 25 Aug 2020 & has been associated with this company since 4 years 6 months .

  • Director Appointment

    Harsh Vikram Doshi was appointed as a Director was appointed as a Director on 16 Mar 2019 & has been associated with this company since 5 years 11 months .

  • Director Appointment

    Tanvi Doshi Vikram was appointed as a Cfo was appointed as a Cfo on 12 Mar 2019 & has been associated with this company since 5 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Vaarad Ventures Limited?

    Vaarad Ventures Limited was incorporated on 04 Oct 1993.

  • What is authorized share capital and paid-up capital of Vaarad Ventures Limited?

    The authorized share capital of Vaarad Ventures Limited is ₹ 41.50 Cr and paid-up capital is ₹ 24.99 Cr.

  • Who are the current board members & directors of Vaarad Ventures Limited?

    Currently 7 directors are associated with Vaarad Ventures Limited.

    • Piyush Arun Vora
    • Nitin Hariyantlal Datanwala
    • Leena Vikram Doshi
    • Tanvi Doshi Vikram
    • Sumair Farukbhai Vidha
    • Harsh Vikram Doshi
    • Tanvi Doshi Vikram

  • What is the registered address of Vaarad Ventures Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vaarad Ventures Limited is 301 A Floor-3 Plot-8 Wadala Udyog Bhavan Sewree Road No 26 Wadala, India, Mumbai, Maharashtra, 400031.

  • What is the corporate identification number (CIN) and company number of Vaarad Ventures Limited?

    The corporate identification number (CIN) of Vaarad Ventures Limited is L65990MH1993PLC074306 and the company number is 074306 as per Ministry of Corporate Affairs (MCA).

  • Is Vaarad Ventures Limited registered with any stock exchange in India?

    Yes, Vaarad Ventures Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Vaarad Ventures Limited?

    The Official website of Vaarad Ventures Limited is https://www.vaaradventures.com

  • What change has been observed in the net worth of Vaarad Ventures Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Vaarad Ventures Limited has experienced an downturn of -0.48%.

  • When was the last Balance Sheet of Vaarad Ventures Limited filed with the ROC?

    The most recent Balance Sheet for Vaarad Ventures Limited was filed with the ROC on 31 Mar 2024.

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